relationship between implicit taxes and interest margins. Our result is in line with the theory because income tax does not affect … their net interest margins. We estimate tax incidence for 1,411 European commercial banks over the period 1992-2008. Unlike … earlier studies which suffer from endogeneity problems or misspecification of the tax burden, we do not find any significant …

statutory incidence (i.e., the agent on which taxes are levied), without any tax rate change. For identification, we exploit a … tax change and administrative data from the credit market: (i) a policy change in 2018 in Spain shifting an existing … mortgage tax from being levied on borrowers to being levied on banks; (ii) some areas, for historical reasons, were exempt from …

This is the first analysis of the incidence of a bank tax that is imposed on banks' balance sheets. Within the … framework of an oligopolistic version of the Monti-Klein model, the pass-through of a bank tax levied on loans is stronger when … elasticity of credit demand is low. To test this hypothesis, we investigate the incidence of the Hungarian bank tax that was …